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It is amazing how many foreclosures and short sales are on the market today, giving buyers lots to ponder when it comes

time to shop for a property.  Why don't sellers of foreclosures and short sales, regardless of their situation, seemingly

compete for offers any longer?  

 

It seems that most of the foreclosures & short sales on the market in San Diego County are a mess.  It has gotten to the point

of embarrassment when showing property today.  This applies to all price points when it comes to short sales and foreclosures

in San Diego.  

 

Recently, I was showing buyers a bank owned property in Encinitas that was listed for $975,000.  It was a bloody mess! 

When I got into the real estate business in '94, there were plenty of foreclosures and short sales.  The difference was condition.  

 

When we bought our first foreclosure in San Marcos, the bank had replaced the carpet, installed new window coverings and freshly

painted the property before it was ever put on the market.  That home was ready for an offer.  

 

Many times today, the banks don't do anything to respect potential home buyers.  The homes are left looking dirty, raped and pillaged.  

The same goes for many short sales.  Regardless if the seller is selling due to distress, or trying to get the highest price for their property,

in respecting the buyer with a clean, well kept property, they in turn will sell their property quicker at market value.

 

And lastly sellers...when you respect a buyer with a clean, well presented property, buyers will respect you in kind with an offer.  

There are a lot of buyers out there looking for their next home.  It just maybe yours.

 

4 Comments on If you clean it, they will come.

MAY
14
2008
535,686 Points 7 Featured Posts Outside Blog Called Shot Master

There are a lot of messes out there.  There are $5000-$10000 repairs that would probably bring them $25K more but they leave them a mess.  Great for a buyer who can fix it up and add equity.

4:24pm • #1
141,604 Points 11 Featured Posts Called Shot Master

Not to mention that it sometimes becomes a safety hazard how nasty these places are.

4:53pm • #2
JUN
14
2008

AMEN! What a great post.

I really believe that lenders will be doing this in the near future. I think that they have needed this much time to gear up to do that.

Many contractors who were working on new construction have moved over to taking care of these properties.

Mary Supinger
8:09am • #3
AUG
16
2008

A clean house is very important.  I remember cleaning windows with windex and newspaper in Hawaii.

If you keep it clean!!! it is easy to sell anything.

 

Lee Wormsbaker(Paper Mill Superintendent)
9:48pm • #4

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Robert Sizer

Encinitas, CA

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The Guiltinan Group - Lic#01187872

Address: 320 Encinitas Blvd. Ste B, Encinitas, CA, 92024

Cell Phone: (760) 519-8436

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